RyMo
New Member

LLC to S-Corp to LLC Disregarded Entity

We created our LLC in AZ when my husband and I were not married.  At the time, our accountants recommended electing S-Corp status.  Which we did.  But now we are looking to return back to LLC tax classification.  In the meantime, my husband and I are now married and since AZ is a Community Property state, can be considered a disregarded entity as an LLC.

 

How do I do this?

 

I was looking at Form 8832 and sending a statement to the IRS.  But when I am filling out Form 8832, I think it is looking for only 1 owner and not both of us.  Thank you!